Energy Efficiency for Future Energy Needs

ONE of the biggest oil companies, if not the biggest, Exxon Mobil has publicly identified the best energy source for our future and they cannot drill, mine or generate it.

The Houston Business Journal report the words of Ted Pirog, an energy analyst with Exxon Mobil, who plainly identifies the best energy source for all our futures is energy efficiency - claiming energy efficiency technology will save 500 quadrillion British thermal units over the next 30 years.

“That’s the amount of energy that the world uses today,” said Pirog, as he spoke at the North Texas Commission this week. “Our greatest source of energy in the future is our ability to use it more efficiently.”

His words came as he gave a brief summary of Exxon's “Outlook for Energy: A View to 2040” report. The report claims that the world’s population will grow by 2 billion people by 2040, becoming increasingly urbanized and industrialized leading to a need for more and more on energy. Pirog claimed that energy consumption will go up 35%, with the danger it could even be a lot higher without progress in energy efficiency technology use and development.

Picture of turbo generator by Siemens (Siemens website) [GFDL or CC-BY-SA-3.0], via Wikimedia Commons

Friday 25th April 2014

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